A new book by three governance experts argues that boards should focus on a new kind of TSR. Instead of âtotal shareholder return,â the authors propose âtalent, strategy and riskâ as a measure of performance that can help the corporation meet institutional investor pressure for a longer-term outlook balanced with short-term results.
The book, Talent, Strategy, Risk: How Investors and Boards are Redefining TSR, was released in July 2021 by Harvard Business Review Press. Its authors are Ram Charan, Dennis Carey and Bill McNabb.